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4M Building Malaga Ave 95,038 SF 55% Leased Office Building Manchester M90 3RR $15,809,255 CAD ($166.35 CAD/SF) 14.52% Cap Rate
INVESTMENT HIGHLIGHTS
- Landmark office building located at the heart of Manchester Airport – the UK’s most significant regional transport hub.
- Multi-let to five tenants including Manchester Airport, Emirates and Menzies Aviation.
- Irreplicable location situated directly above Manchester Airport’s Transport Interchange providing unrivalled connectivity.
EXECUTIVE SUMMARY
Newmark are instructed to seek offers in excess of £8,500,000, subject to contract and exclusive of VAT.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Tenure
Freehold
Building Size
95,038 SF
Building Class
B
Year Built/Renovated
2002/2007
Price
$15,809,255 CAD
Price Per SF
$166.35 CAD
Cap Rate
14.52%
NOI
$2,295,792 CAD
Percent Leased
55%
Tenancy
Multiple
Building Height
7 Stories
Typical Floor Size
15,233 SF
Building FAR
0.04
Lot Size
49.56 AC
Parking
10 Spaces (0.1 Spaces per 1,000 SF Leased)
AMENITIES
- 24 Hour Access
- Raised Floor
- Security System
- Storage Space
- Demised WC facilities
- Natural Light
- Open-Plan
- Secure Storage
- Shower Facilities
- Air Conditioning
SPACE AVAILABILITY
- SPACE
- SIZE
- SPACE USE
- CONDITION
- AVAILABLE
14,459 Sf of office space available on the 2nd floor of 4M Malaga Ave.
15,233 Sf of office space available on the 3rd floor of 4M Malaga Ave.
13,100 Sf of office space available on the 6th floor of 4M Malaga Ave.
| Space | Size | Space Use | Condition | Available |
| 2nd Floor | 14,459 SF | Office | Partial Build-Out | Now |
| 5th Floor | 15,233 SF | Office | Partial Build-Out | Now |
| 6th Floor | 13,100 SF | Office | Partial Build-Out | Now |
2nd Floor
| Size |
| 14,459 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
5th Floor
| Size |
| 15,233 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
6th Floor
| Size |
| 13,100 SF |
| Space Use |
| Office |
| Condition |
| Partial Build-Out |
| Available |
| Now |
1 of 6
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Floor
| Size | 14,459 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
14,459 Sf of office space available on the 2nd floor of 4M Malaga Ave.
5th Floor
| Size | 15,233 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
15,233 Sf of office space available on the 3rd floor of 4M Malaga Ave.
6th Floor
| Size | 13,100 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
13,100 Sf of office space available on the 6th floor of 4M Malaga Ave.
1 of 5
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
4M Building | Malaga Ave
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